DRY VAN SHIPPING: BACK TO BASICS

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Mar 07, 2024

Dry Van Shipping: Back To Basics

As one of the most common transportation methods in the logistics and shipping industry, dry van shipping is used for various shipments across different industries. Understanding dry van shipping is crucial for businesses and consumers alike who depend on it to transport their products efficiently and safely. We’ll dive into the definition, dimensions, materials, use cases, challenges, and services associated with dry van shipping.

Definition and Dimensions of Dry Van Shipping

Dry van shipping refers to the transportation of goods using fully enclosed, non-temperature-controlled trailers attached to semi-trucks. The name “dry van” comes from their ability to keep the goods and products “dry” and protected from external elements like weather conditions, road debris, and accidents. The maximum length allowed for a dry van trailer is 53 feet long, with two popular types of dry van trailers: general trailers, at 53 feet long, and pup trailers, which are 26-29 feet long.

Materials in Dry Van Trailers

Dry van trailers are available in different materials such as galvanized steel, aluminum, hardwood or iron. The choice of materials used in the construction of dry van trailers primarily depends on the type of goods being transported and the duration of the shipping situation.

Use Cases for Dry Van Shipping

Dry van shipping is used in various industries and can transport many types of cargo, including non-perishable food, building materials, household goods and more. Some examples of use cases for dry van shipping include:

Transporting non-perishable foods and beverages, clothing items, electronics, plastics and building products.
Shipping cars, motorbikes, other automobiles, and components of bigger machines like airplanes and ships.
Moving household goods, furniture and electronics during the moving process.
Transporting small machinery and equipment in the construction industry to move raw materials from the warehouse to the construction site, and vice versa.

Challenges of Dry Van Shipping

While dry van shipping is a highly efficient and affordable transportation solution, it does have its limitations. One of the biggest challenges of dry van shipping is the lack of temperature control, insulation or other climate alteration capabilities within the trailer. This means that dry van trailers are not suitable for goods that require a temperature-controlled environment. Additionally, the hardwood floors used in most dry van trailers are susceptible to moisture and condensation buildup, leading to higher repair and replacement costs.

WHAT IS BILL OF LADING?

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Feb 14, 2024

What is a Bill of Lading?

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In the world of shipping and logistics, the Bill of Lading is an integral legal document that facilitates the transportation of goods from one place to another. In this guide, we provide comprehensive insights into the purpose and significance of this document.

Understanding the Bill of Lading

A Bill of Lading is a legal document serving as a receipt for goods being shipped. It is issued by the carrier (transportation company) to the shipper (supplier or owner of the goods) and functions as a passport for the cargo. It confirms the safe transportation of goods from the point of origin to the destination.

The Bill of Lading represents transparency, accountability, and peace of mind in the shipping industry, serving as a vital document for shippers to navigate the complexities of logistics.

Key Components of a Bill of Lading

The Bill of Lading consists of several critical components, including but not limited to:

Shipper and Consignee Details: Identification information of the supplier and recipient of the cargo.
Description of Goods: A comprehensive account of the type, quantity and sometimes the condition of the goods being transported.
Special Instructions and Requirements: Any specific handling or delivery instructions that must be followed to ensure the safe and timely arrival of the goods.
Names and addresses of both the shipper and receiver (consignee) and both should be easily readable in the document.
Purchase orders or reference numbers that are required for pickup upon delivery.
Special instructions for the carrier that may be needed to ensure the integrity of the package.
Date of pickup that the consignee can expect the goods to arrive.
Description of items like the quantity of goods, dimensions and weight, and information about the material.
Packaging type i.e. cartons, crates, pallets or drums used during shipping.
NMFC code that corresponds to the freight class of the shipment, which is based on density, ease of handling, liability, and value.
Dept. of Transportation hazardous material destination whereby hazardous items must be disclosed and which handling measures are necessary.
BOL number given by the issuer of the BOL.

The above details provide shippers with comprehensive insights into the specifics of the cargo, enabling them to make better plans to ensure successful delivery.

The Bill of Lading and Proof of Delivery (POD)

While a Bill of Lading confirms the transportation of goods, a Proof of Delivery (POD) certificate serves as tangible evidence that the shipment has arrived at its destination. Although both documents are related, they serve different purposes. A POD certificate details the items delivered, providing evidence that the goods were indeed delivered to the designated recipient.

Consequences of Not Having a Bill of Lading

When a Bill of Lading is missing, it can lead to significant delays, frustrations and unnecessary headaches for the shipper. The release of the cargo can be put on hold without the original Bill of Lading, disrupting the supply chain and causing avoidable stress.

To ensure a smooth supply chain, shippers must have a proper Bill of Lading on hand or obtain confirmation from the carrier if an alternative solution is available.

Best Practices and Tips for Using a Bill of Lading

To make the most of the Bill of Lading, shippers should follow some best practices, including:

Ensure Accuracy: Ensure all the information on the Bill of Lading is correct and accurate to match the actual shipment.
Retain a Copy: Retain a copy of the Bill of Lading for records purposes to serve as a reference in case of disputes or challenges.
Communicate Clearly: Provide clear instructions to the carrier regarding special handling or delivery requirements to improve the chances of a successful voyage.

Conclusion

Understanding the Bill of Lading is vital in the logistics and shipping industry. The document represents transparency, accountability and peace of mind for shippers during the process. With proper adherence to best practices, using a Bill of Lading can significantly reduce stress, prevent supply chain disruptions and ensure the successful transportation of goods from point A to point B.

REMOVABLE GOOSENECK TRAILERS: A COMPREHENSIVE GUIDE

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Feb 02, 2024

Removable Gooseneck Trailers: A Comprehensive Guide

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Are you considering a gooseneck trailer for an upcoming move? Do you have tall and oversized equipment that needs transporting? If so, you may want to consider a removable gooseneck (RGN) trailer. In this comprehensive guide, we’ll explore the advantages and versatility of RGN trailers, and provide an in-depth look at their components, uses, and practical tips for safe and efficient transportation.

Advantages of RGN Trailers

RGN trailers offer enhanced clearance space for tall machinery transport, allowing hauling of oversized equipment with ease. In addition to their ability to transport a diverse range of equipment, RGN trailers also provide flexibility in loading and unloading. With the detachable gooseneck component, machinery can easily be driven onto the trailer. This flexibility and versatility allow commercial industries such as mining, agriculture, and construction to perform their transport tasks with ease.

Components of RGN Trailers

To understand how an RGN trailer works, it’s crucial to understand its components. The gooseneck connects the trailer to the truck cab, providing a secure hitch for the transport of heavy machinery. The drop deck is responsible for creating a well that allows for taller equipment, in adherence to height regulation laws governing heavy equipment transportation. The step deck over the rear axles provides additional space for machinery to rest when necessary. Maximum clearance heights for step decks are typically 120 inches or 10 feet. A double drop deck trailer, also called a lowboy, low bed or float trailer, extends to 136 inches or 11 feet and 3 inches. The standard bridge clearance on most interstates is over 13’6″. The Federal Highway Administration (FHWA) sets bridge clearances between 14 and 16 feet, but special design exceptions may allow for a lower bridge.

Using RGN Trailers for Heavy Equipment Transport

The best way to transport heavy machinery is through RGN trailers. With their unique gooseneck design, RGN trailers offer efficiency, practicality, and ease in the transportation process. You can haul machinery such as mining shovels, wheel excavators, and drill equipment with ease. However, it’s crucial to follow guidelines and safety regulations when operating these trailers. Loading heavy machinery should be done properly, and all machinery should be secured to avoid accidents.

Types of RGN Trailers

RGN trailers come in different types, each offering diverse features and application uses. Standard RGN trailers have two to four support axles, but additional axles can be integrated for heavy loads. An extended RGN trailer provides more space and storage for machinery transportation.

Best Practices

To get the most out of RGN trailers, follow the best practices to ensure safe and efficient transportation. Proper safety precautions are necessary while lenient transportation guidelines may cause more harm than good. Preemptive checks of the trailer before use ensures any mechanical issues are resolved before transporting heavy equipment. Additionally, securing heavy machinery with accurate ties should always be a top priority.

Conclusion

In conclusion, removable gooseneck trailers offer versatility, efficiency and transport safety when it comes to hauling heavy machinery. RGN trailers are the go-to transportation trailers for tall equipment with a need for storage space, equipment that is not roadworthy and off-road trucks. So, whether you’re transporting mining equipment, off-road trucks, or agricultural machinery, consider investing in an RGN trailer. With proper knowledge of their advantages and components, transportation tasks can now be performed with ease.

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UNDERSTANDING DEMURRAGE AND DETENTION CHARGES

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Jan 22, 2024

Understanding Demurrage and Detention Charges

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In the fast-paced world of container shipping, demurrage and detention charges can quickly add up. It is important for shippers to be aware of these charges, and how they can impact overall transportation expenses. In this blog, we cover the essential aspects of demurrage and detention charges and explore their impact on the maritime supply chain. Get ready to unlock a deeper understanding of these charges and how they can affect your shipping operations.

1. What are Demurrage and Detention Charges?

Demurrage refers to fees imposed by shipping lines when containers are held at the port beyond the allocated free period. For containers imported into the U.S., they are typically allotted a number of “free days” at the port. After the Last Free Day (LFD) if the container remains at the port, then demurrage fees will begin. It essentially is a storage fee for the container at the port. Prior to leaving the port, the container demurrage fees typically must be paid.

After the container is pulled from the port, containers continue to be on the clock. Once product is unloaded from a container (unless you own the container), the empty shipping container needs to be returned back to the port. All empty shipping containers must be returned to ports. Detention relates to charges incurred when containers are retained by shippers or consignees outside the port beyond the allowed time limit. For shippers, this becomes critical to make sure containers are unloaded quickly and returned. For shippers with warehouses or unloading locations far from a port, sometimes these containers will be transloaded or cross-docked to a different shipment, so the empty container does not have to travel as far. Understanding the difference between these charges is critical to understanding your import fees, but also where you can mitigate these charges.

2. The Purpose of Demurrage and Detention Charges

Steamship lines and Ports employ demurrage and detention charges to ensure efficient container turnaround and encourage timely return or pickup of containers. Over the years with high import volume and port congestion, these charges have become even more critical (and challenging to navigate). These charges act as incentives to maintain a smooth flow of containers, reducing congestion and promoting the availability of equipment.

3. Who is Responsible for Paying Demurrage and Detention Fees?

For U.S. imports, the responsibility for paying demurrage fees varies. It typically depends on the shipment’s incoterm, which sets the terms of sale and outlines payment obligations for buyers and sellers at different stages of the shipment’s journey. Demurrage fees usually fall under destination and terminal charges, which are part of every incoterm.

Just like with demurrage, the responsibility for paying container detention fees depends on the agreed terms. It can be the importer or the exporter who takes on these charges. However, it’s generally recommended that the party in charge of arranging the container’s drayage and unpacking handles these fees because they have greater control over the container’s movement.

4. Addressing the Issue: Best Practices

We believe in finding solutions to industry challenges. Hence, we explore the best practices proposed by the International Federation of Freight Forwarders Associations (FIATA) to streamline the charging of demurrage and detention. These practices advocate for clear communication, standardized documentation, and fair dispute resolution mechanisms. By adopting these best practices, you can minimize unnecessary costs, ensure fairness, and promote an efficient supply chain.

5. The Way Forward

Moving forward, collaboration with both Steamship Lines and transportation partners becomes critical in managing demurrage and detention charges effectively. By fostering cooperation between shipping lines, transportation partners and understanding any nuances with ports, you can make better decisions regarding your shipping solutions. Increased data sharing and transparency throughout the maritime supply chain will help streamline processes and enhance accountability.

As your trusted shipping partner, we want to equip you with the tools you need to avoid demurrage and detention fees. By following these four expert tips, you will be well on your way to optimizing your shipping operations and improving your overall supply chain efficiency.

Plan Like a Pro: Freight is on the ocean for weeks and months, so plan ahead. Trying to dispatch freight and having a plan well ahead of your Last Free Day will help mitigate demurrage fees.
Have a Backup Plan in Place: Being prepared for the unexpected is key to avoiding demurrage and detention fees. Whether it is having a backup dray provider or finding carriers at new ports if freight gets diverted and more, having a Plan B can save you from unnecessary headaches and costs.
Know Thy Contracts Inside Out: Knowledge is power! Take the time to research and fully understand your contracts and the regulations and customs duties processes. Steamship Lines typically update contracts in the May/June timeframe, so review these and understand any changes and the impact on your freight costs. By understanding your obligations, you can avoid potential pitfalls and ensure a smooth sailing process.
Transloading and Cross-docking: If your warehouse or final destination is far from your Port of Entry, consider a transload or cross-dock solution, so you don’t have to worry about detention charges and empty miles.

Conclusion:

In the fast-paced realm of container shipping, understanding demurrage and detention charges is essential to reduce unnecessary freight spend. successfully. By comprehending their purpose, staying abreast of developments, and embracing best practices, you can optimize your shipping operations, minimize costs, and enhance your overall supply chain efficiency. We are committed to equipping businesses like yours with the knowledge and insights needed to thrive in the evolving container shipping landscape.

ANNUAL LTL SHIPPING GENERAL RATE INCREASE (GRI)

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Nov 17, 2023

Annual LTL Shipping General Rate Increases (GRI)

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It’s that time of year. Less-Than-Truckload (LTL) shipping general rate increases (GRI) season. As the shipping industry continues to evolve, carriers rely on GRIs to adjust their base rates, which can vary by lane and weight tiers. These rate increases serve a crucial purpose – addressing the ever-increasing cost inflation that impacts the entire network.

In this blog post, we’ll explore the reasons behind LTL GRIs and how they help balance demands and rising costs resulting from fuel, salary, equipment and technology.

Why LTL General Rate Increases Matter:

Countering Cost Inflation: In the fast-paced world of shipping, costs are consistently on the rise. LTL carriers face a myriad of expenses, including fuel, employee salaries, equipment and technology. Year after year, these costs continue to climb. Enter GRIs! These adjustments to base rates provide carriers with a means to counter the effects of inflation and maintain a sustainable operation.

Ensuring Network Balance: A well-balanced network is the key to success in the shipping industry. LTL carriers carefully analyze data, market demand and various factors to achieve optimal operational efficiency. By implementing GRIs, carriers can effectively manage their resources, capacities and costs, ensuring a harmonious balance between supply and demand.

Understanding the Impact on Shippers:

Navigating Cost Adjustments: It’s no secret that LTL GRIs have a direct impact on shippers and their transportation budgets. These annual rate increases necessitate proactive adjustments in cost calculations and planning. By anticipating these changes or partnering with companies with increased freight buying power, shippers can better prepare, ensuring minimal disruption to their financial strategies.

Shaping Strategic Decision-Making: Knowledge is power! Shippers must evaluate the implications of LTL GRIs on their unique shipping requirements and business objectives. By remaining informed and proactive, shippers can strategically select carriers, negotiate rates and explore alternative shipping methods to mitigate the impact of these rate increases.

Embracing Collaboration: In the face of LTL GRIs, collaboration between shippers and carriers becomes a crucial element. By fostering open communication channels, shippers can understand carriers’ reasons for implementing GRIs, seek opportunities for rate negotiation and explore mutually beneficial cost-saving measures. Shippers can also work with brokers to understand if their LTL rates are competitive and get bids from multiple LTL carriers.

Conclusion:

As the journey continues, annual Less-Than-Truckload (LTL) General Rate Increases (GRI) are critical to monitor to determine the impact to your overall shipping cost.

By addressing cost inflation driven by fuel, salary, equipment and technology, carriers can strike a balance between their operational demands and rising costs. Shippers, on the other hand, must remain prepared and proactive, understanding the impact of these rate increases and collaborating closely with carriers, brokers or managed transportation providers to optimize their shipping strategies.

By looking at your data or partnering with brokers or managed transportation providers to lock in rates, you can mitigate the impact to your business.

WINTER SHIPPING PROTECTION: SAFEGUARDING YOUR FREIGHT WITH PROTECT FROM FREEZE SERVICES

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Nov 10, 2023

Winter Shipping Protection: Safeguarding Your Freight with Protect from Freeze Services

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As the winter season approaches, it’s crucial to prioritize the protection of your valuable freight. Fortunately, many carriers understand the importance of preserving temperature-sensitive products, offering a valuable solution known as Protect from Freeze services. These services, commonly utilized in Less Than Truckload (LTL) shipping, ensure your goods remain safeguarded from extremely low temperatures during transit. In this blog post, we cover the benefits and essential measures to consider when opting for Protect from Freeze services.

Safeguarding Your Freight with Protect from Freeze

Protect from Freeze services offer peace of mind by minimizing the risks associated with temperature fluctuations during transportation. By implementing specific measures, carriers take proactive steps to prevent your items from freezing, particularly in colder regions and throughout the winter months.

Temperature Monitoring

Carriers that offer Protect from Freeze services employ advanced temperature monitoring systems. These systems enable them to accurately track and maintain optimal temperature conditions within the trailers, ensuring that your goods remain unaffected by extreme cold temperatures.

Blankets and Temperature-Controlled Trailers

To provide an extra layer of protection, carriers utilize blankets during transit to insulate and shield your freight from freezing temperatures. Additionally, some carriers employ temperature-controlled trailers, which offer precise climate control to maintain the ideal conditions for your temperature-sensitive products throughout the journey.

Designated Areas for Idle Time

While not in motion, carriers allocate designated areas or rooms on their docks for freight that requires protection from freezing. These areas are carefully controlled to maintain the appropriate temperature and prevent any possible damage to your precious cargo.

Time Constraints for Faster Transit

To further reduce exposure to cold weather, carriers offering Protect from Freeze services prioritize faster transit times. By minimizing the time spent in freezing temperatures, they ensure that your goods arrive in pristine condition, unaffected by the harsh winter climate.

Booking and Communication Tips

When booking your shipment with a third-party logistics provider (3PL), it’s essential to select the appropriate Protect from Freeze service to avail yourself of the correct pricing. Make sure to communicate your requirements clearly and use the bill of lading (BOL) provided by the carrier to ensure they are aware and able to adhere to the necessary precautions throughout the shipping process.

Conclusion

As winter approaches, safeguarding your freight becomes paramount. Protect from Freeze services offer reliable protection for temperature-sensitive products, ensuring they reach their destination intact and unharmed by extreme cold temperatures. By partnering with carriers that prioritize temperature monitoring, employ blankets and temperature-controlled trailers, designate specific areas for idle time, and prioritize faster transit, you can confidently ship during the winter months. Prioritize the protection of your freight and experience worry-free shipping even in the harshest of winter conditions.

2023 CHANGES TO FREIGHT CLASS EXPLAINED

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Nov 03, 2023

2023 Changes to Freight Class Explained

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National Motor Freight Classification (NMFC) is an essential element of the shipping industry that plays a significant role in determining the appropriate classification of goods for transportation.

On December 2, 2023, there will be changes to several freight classes including the following

BARRELS GROUP
BOILERS, FURNACES, STOVES AND RELATED ARTICLES GROUP
BURIAL CASE GROUP
DENTAL, HOSPITAL, MEDICAL OR SURGICAL SUPPLY GROUP
FLOOR OR WALL COVERINGS AND RELATED ARTICLES GROUP
FOODSTUFFS GROUP
FURNITURE GROUP
GRAIN PRODUCTS GROUP
INSULATION OR INSULATING MATERIAL GROUP
MACHINERY GROUP
PLASTIC OR RUBBER ARTICLES GROUP
SAFES OR SAFE OR VAULT PARTS, FIRE OR BURGLAR PROOF
VEHICLES, MOTOR
VEHICLES, OTHER THAN SELF-PROPELLED
WALLBOARD GROUP
WASHERS; GASKETS; OR PACKING DEVICES, FORMS OR SHAPES, OTHER THAN PACKAGING

With recent changes in NMFC, it is crucial for businesses to understand the benefits of proper classification and how it can positively impact their shipping experience. In this blog post, we will explore the advantages of National Motor Freight Classification and why it is essential for businesses to adhere to the correct classification.

Ensuring Accurate Shipping Fees:

One of the primary benefits of proper classification is ensuring that businesses pay the right shipping fees. By accurately classifying their goods, companies can avoid overpaying or underpaying for shipping services. This allows for more precise cost analysis and budgeting, contributing to overall operational efficiency and cost savings.

Obtaining Accurate Price Quotes and Avoiding Unexpected Charges:

Correct classification enables businesses to receive accurate price quotes from carriers upfront. This prevents any unpleasant surprises in the form of unexpected charges or adjustments to the shipping costs. By having accurate price estimates, businesses can effectively plan their logistics and budget accordingly.

Preventing Improper Handling and Protecting Cargo:

Proper classification plays a crucial role in ensuring that goods are handled appropriately throughout the transportation process. By accurately describing the nature, fragility, and handling requirements of the cargo, businesses can minimize the risk of damage or mishandling. This protection of goods helps maintain the integrity of the products and reduces potential financial losses.

Avoiding Fines and Compliance Issues:

Correct NMFC classification is essential, especially when dealing with hazardous materials or goods that require special handling. Failure to classify these items appropriately can result in fines, penalties, and compliance issues. By adhering to the correct classification, companies can avoid legal troubles while maintaining a responsible and safe shipping environment.

Building Trust with Carriers:

Maintaining accurate and proper classification builds trust between businesses and carriers. When carriers can rely on the accuracy of classification, they can efficiently plan and execute shipments. This trust forms the foundation of long-term partnerships, ensuring consistent and reliable transportation services.

For a full list of Freight Classifications click here.

The National Motor Freight Classification system offers numerous benefits to businesses in the shipping industry. Proper classification ensures accurate shipping fees, provides accurate price quotes, prevents improper handling, minimizes fines, and helps build trust with carriers. By understanding and adhering to the correct classification, businesses can optimize their shipping processes, enhance operational efficiency, and foster stronger partnerships within the industry.

THE ULTIMATE GUIDE TO SELECTING THE BEST LTL SHIPPING PROVIDER

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Oct 27, 2023

The Ultimate Guide to Selecting the Best LTL Shipping Provider

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LTL shipping is very different than shipping full truckload. Choosing a less-than-truckload shipping provider that can deliver your goods on time and without damage is essential for success.

In this blog post, we’ll take a deep dive into the top factors you should consider when shipping LTL, also leveraging data from Mastio’s recent survey for LTL carriers. By focusing on on-time pickup and delivery, product safety, carrier responsiveness and bill accuracy, you can be confident in choosing the ideal LTL shipping partner.

Time Pickup and Delivery: Meeting Your Deadlines with Confidence

On-time delivery is a crucial factor in maintaining customer satisfaction and smooth operations. According to Mastio’s survey, businesses should prioritize LTL carriers that have a proven track record for on-time pickup and delivery. Look for carriers that offer reliable and accurate shipment tracking, allowing you to stay informed throughout the shipping process. When LTL carriers prioritize on-time delivery, you can meet your deadlines with confidence, keeping your customers happy and satisfied.

Product Safety: Ensure Your Goods Arrive Intact

Product safety is an essential consideration when shipping goods. According to Mastio’s survey, damaged products were the most common complaint from customers. To avoid these mishaps, ensure that your chosen LTL carrier has the necessary safety measures in place to protect your products during transit. Consider carriers that use secure packaging, proper loading techniques, and provide insurance coverage in case of damage.

Carrier Responsiveness: Building Relationships for Continued Success

Carrier responsiveness is an often-overlooked aspect of selecting an LTL shipping provider. According to Mastio’s survey, businesses should prioritize carriers that prioritize relationships with their customers. Look for carriers that have a reputation for excellent customer service, provide clear communication channels and respond promptly to your inquiries or concerns. With responsive carriers, you can build a strong relationship that will foster continued success in the long term.

Bill Accuracy: Trustworthy and Transparent Business Deals

Billing accuracy is the foundation of trustworthy and transparent business deals. According to Mastio’s survey, businesses should prioritize LTL carriers that provide accurate and transparent billing information. Or find a broker (like NTG) who will audit the invoice for an additional level of accuracy. Look for carriers that provide clear and concise invoices, provide detailed information on shipping costs, and offer competitive pricing. By selecting a carrier with precise billing practices, you can be confident that you’re receiving the best possible value for your investment.

Conclusion

Choosing the right LTL shipping provider is a critical component of your business success. Using a brokerage with LTL capabilities can ensure you are using carriers that are vetted and have more options than going to an LTL carrier directly.

By focusing on the factors mentioned above like on-time pickup and delivery, product safety, carrier responsiveness, and bill accuracy, you can be confident that you’re partnering with a provider that supports your business goals. NTG currently works with all the carriers that were named as 2023 Carrier Customer Value & Loyalty carriers including: Averitt Express, A. Duie Pyle, AAA Cooper, ABF, Central Transport, Daylight Transport, Dayton Freight Lines, Dohrn, Estes, FedEx Freight, Midwest Motor Express, Oak Harbor Freightlines, Old Dominion, Peninsula, Pitt Ohio, R&L Carriers, Roadrunner, Saia, Southeastern Freight Lines, TForce Freight, Ward Trucking and XPO Logistics.

NAVIGATING THE FREIGHT MARKET IN Q3 2023

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Aug 29, 2023

Navigating the Freight Market in Q3 2023

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In most market categories, consumer spending is down compared with the past two years. This has resulted in a drop in demand for freight services. As a result, carriers are gradually leaving the market. With the influx of new entrants in the past few years, it is taking time to align the oversaturated carrier market with the decreased demand.

In Q3 2023, spot rates have seen a year-over-year decrease of 9.9%. But they are on their way up. For freight carriers, it is critical to have visibility into internal and external datasets and to engage in proper planning. This foresight will help you navigate the market as it approaches inflationary territory and ensure your success in the industry.

While spot rates are slowly increasing and contract rates are following suit, we want to highlight that there hasn’t been a significant event to accelerate these rate increases since the CVSA International Road Check and Memorial Day. Barring any unexpected events, such as severe weather conditions or disruptions, we anticipate that normal seasonality and capacity attrition will be the primary driver of the freight market through Q3 2023 and into Q4 2023.

As you prepare for the upcoming peak season and national holidays, keep a close eye on how these factors will impact freight volume and rates. Being aware of these trends and planning accordingly will be crucial for your success as freight carriers. Stay informed, adapt to the changes, and make the most of the opportunities that come your way in the ever-evolving freight market.

Interested in diving into the details? Read our comprehensive report in the Transportation Outlook.

4 STEPS FOR SUCCESS IN OVERSIZED FLATBED SHIPPING

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Aug 18, 2023

4 Steps for Success in Oversized Flatbed Shipping

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Shipping oversized loads on flatbed trucks can be a challenging and complex task. From securing unique equipment for over-dimensional or overweight freight to sourcing specialized truck types, each step of the shipping process requires careful consideration. This guide dives into the challenges of shipping oversized loads on flatbeds and explores how finding the right flatbed provider can simplify the process.

Step 1: Find a specialized carrier.

Shipping oversized loads requires a carrier with the expertise, experience and resources to meet unique freight requirements.

Step 2: Make sure they have the right equipment.

A specialized carrier can provide or accommodate unique equipment such as straps, tarps, chains and binders that are necessary to secure and protect the cargo during transit. These carriers’ expertise in handling over-dimensional or overweight shipments ensures they can navigate the complexities of securing proper permits, planning optimal routes and employing specialized equipment like cranes, forklifts or rigging systems to safely transport your cargo.

Step 3: Make sure they have the right truck type.

Flatbed trucks come in various sizes and types. Common sizes like 48′ are easy to find, but other truck types like 53′ trailers or specialized trailers like low boys, step decks, RGNs, and conestogas are harder to source. Each type of flatbed truck has its advantages – so work with the carrier to make sure the truck type will meet your needs and keep your load safe.

Partnering with a specialized carrier with access to diverse and unique truck types can guarantee that your freight is transported using the most appropriate and efficient equipment, creating a more streamlined shipping process.

Step 4: Make sure they have the right handling methods.

Proper freight handling during shipping is essential to minimize the risk of damage or loss.

Oversized cargo requires unique handling and storage techniques that require specific expertise. Choosing a specialized carrier that prioritizes proper freight handling enables you to have complete visibility and control over the shipping process and to ensure the safe delivery of your freight. Some carriers allow you to approve or adjust how your freight is secured before it’s moved, ensuring that your freight is handled with care and according to your specifications.

Shipping oversized loads on flatbeds poses unique challenges, so working with a partner that has the right expertise and can guide you through the process is extremely important.

When choosing a specialized carrier with expertise, experience and resources in shipping oversized cargo guarantees a seamless shipping process. Partnerships with brokers like NTG, who prioritize customer satisfaction, give you peace of mind and confidence in the safe and secure delivery of your oversize loads. By working with a specialized carrier, you can be assured that your cargo is in good hands, and its challenging transportation needs will be met with the best possible solutions.

DRY VAN SHIPPING: BACK TO BASICS